Your coursework project this term consists of 2 written tasks.
1. Explain the concept of Aggregate Supply in both the short run and long run. Explain what factors other than the price level could lead to a shift in Aggregate Supply in both time periods. [10 Marks]
3. Describe the current performance of your own countrys economy. With reference to both demand side (fiscal and monetary policy) and supply side policies, describe and evaluate your governments current economic policy. [20 Mark]